. Masisi, Magosi relationship hit rock bottom . DISS head could be axed – sources . Magosi remains mum . DISS boss bungled cases Staff Writer There is a fallout between President Mokgweetsi Masisi and the Director of Intelligence and Security Services (DISS) Director General, Brigadier Peter Magosi. So serious is the fallout that Magosi …
Tshekedi Khama defected to the Botswana Patriotic Front on Wednesday. It should serve as a moral victory for the BDP splinter group, but may do more harm than good to both the new party and its allies in the opposition. With its national reach the BDP may have the ability to survive the BPF ground …
One of the country’s longest CEOs, who survived many battles against the comrades, finally succumbed to the war itself. Two weeks ago Mascom’s Jose Vieira Couceiro whose reign was characterized by running battles with the unions, was told to walk, after seventeen years at Botswana’s biggest telecom. Staff writer TSHIRELETSO MOTLOGELWA traces the tumultuous journey …
Kitso Dickson In its full year (12 months) reporting period ending 30 June 2019, banking titan First National Bank Botswana (FNBB) generated more than what the other three listed banks made combined in their 12 months reporting periods. In fact, Barclays Bank, BancABC and Standard Chartered’s post tax profits total about P100 million less of …
• Says the issue of his alleged poor relations dates back to 2015 • At any rate, the board of Letshego and regulators were satisfied that he is the right guy Andrew Okai, CEO of Letshego Holdings Limited, says reported issues about his alleged poor labour relations and negative interpersonal skills while he …
• BPOPF offshore asset managers concerned, face sanctions • Pension fund would face disaster from blacklisting Botswana Public Officers Pension Fund (BPOPF) will struggle to secure credible asset managers, owing to reported anti money laundering deficiencies, the fund’s Principal Officer Boitumelo Molefe said this week. Molefe revealed that BPOPF’s current foreign asset …
HOW TO CLEAN TAX MESS Tax laws prescribe that every taxpayer must comply with their obligations under the applicable statutes without compulsion. This is what is called voluntary compliance. The opposite of that is enforced compliance, where tax authorities use their manpower to force taxpayers to comply with tax laws. By nature, humans are dodgy …
The advent of COVID-19 brought so much unexpected disruptions to business as well as normal life. It is almost impossible to numerate the number of negative effects that this pandemic has caused but most businesses have lost revenue, some have folded and many are still trying to figure out whether or not they will survive …
Tells Ram to return shares of nine companies he held as debt security Ram has been claiming the companies owed him Ram held the shares in his name although they were meant for Choppies The Lobatse High Court has directed Ramachandran Ottapathu, better known as Ram, to return 50 percent of the shares he received …
• Govt reviewing ISPAAD • Urges people to produce more from their farmlands In the midst of the deepening crisis of unemployment, low diamonds sales on international markets, a crippled economy and a projected deficit that runs into billions of pula, the Government of Botswana has pinned its hopes of reducing …
